Pros
You get to learn all the creative tools, have the creative liberty to make your designs for different brands and clients which may eventually come to the market.
Cons
Absolutely horrible work culture. Design briefs aren't conveyed clearly by the manager and when asked upon, you will be shouted at with disrespectful and downright hurtful comments. You are expected to have great team communication and if you communicate with the members of you team, guess what? You will be shouted upon again. What an irony. You will be expected to the finish the work by EOD (no not by time, official work hours are till 6, but you are expected to work till 7-7:30 if your work is not finished). Forget about any Overtime clause. Mon-Sat working hours meaning you will be a deprived and depressed soul slaving for this company. Even as an intern you would not care about the experience certificate and would want to leave this company at any cost or even kys. Expecting a regular pay as mentioned in the offer letter? Forget it. Your salary will be deducted for each day you take a leave (no there are no paid leaves, i.e pro-rata work) and I got to know this after my first month as its not mentioned anywhere on the offer letter or the NDA. Thinking to quit the internship? The manager will try to manipulate you in every way possible to stay at that company.
If you are individual who likes someone to boss you around every second of your working day and insults you for 0.1% errors in your work at highly unrealistic timelines, this is the place for you.
Ending statement: IF YOU LOVE YOURSELF, DO NOT WORK AT THIS COMPANY, EVEN IF YOU HAVE NO JOB.
Try at other places, but not here.